CFTC proposes new regulations regarding crypto-derivative platforms

A new guidance document from the US Commodity Futures Trading Commission (CFTC) could have a negative impact on the growth of crypto-derivatives platforms in the United States. The guidance document published by the CFTC is causing turmoil among the various derivatives platforms. For years, the crypto industry has been waiting to attract the attention of […]

Peoples Bank of China warns against investing in crypto-currencies

Investors are currently struggling in all parts of the world, looking for investment alternatives, with crypto-currencies such as  bitcoin being a serious consideration.  Financial markets are currently facing their worst crisis since 1929 and in recent days the search volume for the most popular crypto-currency has increased on Baidoo and Google Trends. Bank of China […]

New York’s regulatory agency demands coronavirus contingency plans from crypto companies

The New York Department of Finance (NYDFS) requires crypto-currency companies to prepare detailed coronavirus preparedness plans. This is to signal the seriousness of COVID-19. Crypto companies face new challenges New York’s crypto-companies must prepare contingency plans with detailed information, according to a letter sent on March 10. The preparations must include strategies to protect employees […]